Pakistan notifies the IMF that it has complied with all requirements, and the government finalizes an increase in the base energy cost of more than Rs. 5.
Pakistan has notified the IMF of its adherence to the terms, and the IMF has conveyed its satisfaction with Pakistan’s actions.
The new loan program is anticipated to make headway by the third week of July, according to virtual discussions between the Ministry of Finance and the IMF.
Additionally, a briefing on post-budget practical actions was held in the Ministry of Finance, and the IMF was notified of the adjustments in gas prices that took effect on July 1.
The smooth transition from budget approval to implementation was commended by IMF officials, and the visit of the IMF delegation was also discussed.
